The Development and Institutionalization of Interventionism with Subjective Facts in Turkish Economic History: Etibank Model

The state interventionism was tried to be arranged in an institutional framework in Turkish economic history from the early periods of the republic. This study aims to find out the corporate facts of the state interventionism in Turkey by analyzing activities of Etibank which was established for representing the interventionism in the heavy industry area between 1935-1950 and legal regulations were made in those years. Analyzing Turkish political economy in a particular time using an institution contributes to characterize interventionism. In this study Etibank’s activities were observed and it was revealed that Turkish state interventionism had pragmatic features